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Insurers have to ensure premiums are reasonable and affordable: DFS secretary
M Nagaraju, Secretary, Financial Services Banks need to ensure that...
Investors’ wealth surges by Rs 12.26 lakh cr in 4 days of market rally
In the past four days, the benchmark has jumped 2,162.11 points or...
Private sector banker Manoj Muttathil Ayyappan selected as DFS joint secy
Manoj Muttathil Ayyappan Manoj Muttathil Ayyappan will be filling up the vacancy of the post of joint secretary(Banking,Insurance & Pension) on contract basis (lateral entry) in the Departmentof Financial Services(DFS). Ministry of Finance(MoF), said a...
Corporate America is rethinking diversity hiring
America First Legal — founded by Stephen Miller, a former senior adviser to President Donald Trump — has lodged complaints with the US Equal Employment Opportunity Commission against more than 20 companies, including American Airlines Group Inc., Macy’s Inc.,...
Economic models buckle under strain of climate reality
"But climate change is fundamentally different to other shocks because once it has hit, it doesn't go away," said Thierry Philipponnat, author of a report by Finance Watch, a Brussels-based public interest NGO on financial issues Record temperatures, droughts, floods...
Climate vulnerable nations could get insured for $10 mln a year each -research
With rich nations under pressure to fill the pot, researchers from the University of Cambridge's Institute for Sustainability Leadership said they had reached a "breakthrough" in understanding how to use this money to protect countries from the spiralling cost of...
France, US to propose ban on private finance to coal-fired plants at COP28 – sources
About 73% of electricity consumed in India is produced using coal, even though the country has increased its non-fossil capacity to 44% of its total installed power generation capacity France, backed by the United States, plans to seek a halt to private financing for...
K’taka CM Siddaramaiah writes to Delhi to expedite releasing drought relief funds
Siddaramaiah,Chief Minister,Karnataka The chief minister pointed out that out of 236 taluks, 223 have been declared drought hit in Karnataka. Among them, 196 are categorised as severely drought affected Bengaluru: Karnataka Chief Minister Siddaramaiah on Wednesday...
Equity investors become richer by Rs 3.29 lakh cr as markets rally over 1 pc
''This is likely to draw FII flows into emerging markets, which is good for India considering the current better earnings season and the festive demand pick-up. The drop in the CPI for India also improved the mood,'' said Vinod Nair, Head of Research at Geojit...
60 pc of businesses ‘off track’ to meet sustainability goals: Bain & Company report
Consumers in fast-growing markets, where Bain found environmental concerns to be highest, including India, were willing to pay a greater premium (between 15 and 20 per cent), compared to markets like the US and the UK New Delhi: Over 60 per cent of businesses surveyed...
U’khand tunnel collapse: Ecological concerns need to be addressed for development in Himalayas, say experts
Earlier this year, a case of land subsidence was also reported in Joshimath where some residents blamed NTPC's 520 MW Tapovan-Vishnugad hydroelectric project for the problem. Horrific incidents like the partial collapse of an under construction tunnel on the Char Dham...
Bank of England to deepen system-wide stress test for banks, insurers and pension schemes in 2024
The Bank wants to see how market players cope when there are huge demands for liquidity, such as meeting extra margin calls on positions in a short time. London: The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...